Word: walts
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Dates: during 1970-1979
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When lung cancer killed Walt Elias Disney a decade ago, there were fears that the world of Disney would lose some of its wonder-and its profits. But before his own death in 1971, Roy Disney, who succeeded his younger brother, and a cadre of post-Walt executives had turned Walt Disney Productions into a thriving empire of fantasy. Today the company is bigger and richer than ever. Profits flow in from Disney's two successful theme parks, Disneyland in California and the magic kingdom at Walt Disney World in Florida, from film rentals and television, from re-releases...
Last year the various forms of escapism earned Disney nearly $62 million on sales of $520 million-four times the total in 1966 when Walt died. For the first nine months of its current fiscal year, Disney was flying higher than Dumbo the elephant. Corporate profits were up 30%, and sales rose 16%. More than 6 million people flocked to Disneyland (which turned 21 in July), another 9 million to Disney World. The fifth re-release of the animated Snow White and the Seven Dwarfs, which came out in 1937, will gross an estimated $10 million in the U.S. alone...
...founder's ideas still run the show: almost everything Disney is now into was conceived of by Walt. "That's the way Walt would want it" is a refrain heard frequently in the stucco Disney headquarters in Burbank, Calif. The executive most responsible for sticking to Walt's winning formulas is E. Cardon Walker, 60, who joined Walt as a camera operator in the 1930s and has been Disney president since 1971. A tall, husky man whose use of profanity is limited to an occasional G-rated "damn," Card Walker occupies an unpretentious office on the Disney...
...years since Walt begat Disneyland, "theme parks" have become a staple of the American family vacation. Their diversions range from reconstituted Old World Gemütlichkeit (as in the six European hamlets at Busch Gardens in Williamsburg, Va.) to a simulated parachute jump (Six Flags over Texas, Dallas). Attractive as many of them are, the parks are generally located a long way from anywhere, take at least a day to "do," and can cost a prince's purse for tickets, meals and a room at the inn. The Krofft brothers' answer: bring the theme park downtown...
...Peter De Vries, after Walt Whitman...